Farkas K Christopher 4
4 · CURTISS WRIGHT CORP · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Curtiss-Wright CFO Christopher Farkas Buys 21 Shares via ESPP
What Happened
Christopher K. Farkas, Executive Vice President and Chief Financial Officer of Curtiss‑Wright Corp (CW), acquired 21 shares of Curtiss‑Wright common stock on July 6, 2026. The shares were purchased under the company's Employee Stock Purchase Plan (ESPP) at $634.88 per share for a total of $13,332. This was a purchase (acquisition) through the ESPP rather than an open‑market buy or sale.
Key Details
- Transaction date: 2026-07-06
- Transaction type/code: Acquisition under ESPP (reported as code A)
- Shares acquired: 21 at $634.88 per share; total value $13,332
- Price determination: 15% discount applied to the average selling price on June 30, 2026 (end of the offering period) per ESPP terms (footnote F2)
- Plan mechanics: Purchase funded by payroll deductions accumulated over a six‑month offering period (footnote F1)
- Exemptions noted: Transaction reported as exempt under Rule 16b‑3(d) and Rule 16b‑3(c) (per filing footnote)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing timeliness: Reported on the same date as the transaction (no late filing indicated)
Context
This is a routine ESPP purchase — employees (including executives) commonly participate via payroll deductions and receive a discount at purchase. The size of this transaction (~$13.3k) is modest and reflects participation in the company plan rather than a large directional bet. The filing notes standard Rule 16b‑3 exemptions for compensatory transactions; no sale or immediate disposition of the acquired shares was reported.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-07-06$634.88/sh+21$13,332→ 4,274 total
Footnotes (2)
- [F1]Shares were acquired pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP"), under which the Reporting Person agrees to payroll deductions prior to the commencement of a six-month offering period whereby the payroll deductions are accumulated for the purchase of shares at the end of the offering period. This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F2]In accordance with the terms of the ESPP, the purchase price is calculated by giving a 15% discount on the average selling price of the Issuer's common stock price on June 30, 2026, the last day of the offering period.